Oil prices hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere ...
Oil prices decline as China’s weak PMI data raises demand concerns; sanctions on Russian oil add to global supply pressures. WTI crude struggles ... the current bearish trend, with immediate ...
Supply constraints and sanctions boost crude oil futures; traders eye $79.44 resistance, while $76.03 offers dip-buying ...
The survey of 31 economists and analysts predicted that Brent crude ... the oil market to be in a surplus next year, with analysts from JPMorgan predicting that supply will outpace demand to ...
Fears of weaker demand linked to soft economic data ... crude oil loadings on Tuesday at Es Sider and Ras Lanuf ports, putting about 450,000 barrels per day of exports at risk. However, fears of ...
Oil prices will likely be constrained near $70 in 2025 amid weak demand from importers and rising global supply ... crude output. Also Read: India’s oil demand growth to top China’s in 2024 ...
Crude oil futures could see better prospects as traders return from the holiday break, focusing on a potential recovery in China’s economy and fuel demand. That’s what Terence Hove, Financial ...
Crude oil demand in China has weakened and is a bearish factor for oil prices. According to Chinese customs data, China's 2024 crude imports fell -1.9% y/y to 553 MMT. China is the world's ...
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western sanctions and expected higher Chinese demand.
According to this report, the global oil storage fee rental market size reached approximately USD 9.40 billion in 2023. Aided by the fluctuations in oil supply ... demand, causing a surplus of ...
Oil prices ticked up but hovered near a two-week low on Tuesday after weak economic data from China and warming weather ...